LOUISIANA SOLAR

HERE'S ONE OF THE
MOST IMPORTANT
THINGS TO CONSIDER BEFORE SIGNING THAT EXPENSIVE
20 YEAR SOLAR LEASE OR PPA CONTRACT.

What is the leasing/PPA company charging you per
kilowatt hour ?

Sure their rate might be slightly lower than
your Louisiana utility company's rate but are you
aware that in many parts of the country, new,
name brand grid tie solar systems are being
installed for as low as 7 cents per kilowatt
hour ?

You Read That Right.

As Low As 7 Cents Per Kilowatt Hour !

DON'T BE FOOLED BY THE SOLAR LEASING
COMPANY'S MUCH HIGHER KWH RATE !

SEARCH THE INTERNET AND LEARN ABOUT FAIR
MARKET VALUE SOLAR PRICING BEFORE YOU SIGN ANY
LONG TERM CONTRACT WITH ANY COMPANY.

LOUISIANA SOLAR
LEASE PITFALLS

DON'T LET YOURSELF BE BLINDSIDED BY AN EXPENSIVE
$0 DOWN LOUISIANA SOLAR LEASE OR PPA.

MYTH:
It's easy to sell your home with a solar lease or PPA
attached to it.

REALITY:
Homeowners and even real estate brokers are now
reporting that it has been or may be more
difficult to sell their homes with a solar lease
or PPA attached to it.
Read More

For one, your homebuyers
must qualify to assume your
lease with an excellent credit rating. If they
can't qualify, then you will be forced to pay
off your lease in a lump sum in order to sell
your home. You'll have to disclose your solar
lease obligation when selling your home.
Read More

Second, You'll hear the
solar leasing companies argue that that a solar
system on your roof should make your home more
desirable. This would be true if you owned your
solar system in Louisiana, but it's the furthest thing from
the truth when your homebuyers discover that
they have to take over your remaining lease
payments.
Read More

Would you want to
take over, let's say,12 years of remaining lease
payments on a 20 year lease on an outdated, 8 year
old solar system when you could buy a brand new
solar system for tens of thousands less ? Of
course you wouldn't. And neither would your
potential homebuyer. So you just delayed or may
have even lost the ability to ever sell your home
at the price that you wanted.
Read More

Don't believe it ? Well then simply type the
keywords "solar lease scaring buyers" into
Google and you can read many accounts of
homeowners and real estate professionals
reporting difficulty when trying to sell a home
with a 20 year solar lease or PPA attached to
it. Read More

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your Louisiana solar leasing salesperson if he or she
can provide you with a document in writing that
assures you that it will be easy to sell your
home with a solar lease attached to it.

MYTH:
A solar lease makes solar more affordable.

REALITY:
Actually solar leases, PPA and solar leasing
company balloon payment loans are three of of the
most expensive ways to have solar
installed on
your roof. Want proof ? Simply add up your payments on that zero down solar
lease, PPA or balloon payment loan in Louisiana (if your contract contains a
payment escalator clause, add those annual
payment increases in
too). Next add in the 30% federal tax
credit that you'll be giving away to the leasing
company. Then add in any applicable cash rebate
that you'll give away to the leasing company and you'll find that you'll be paying up to
triple the cost
for a solar system when compared to purchasing a
system.

Today, you can easily
purchase an installed, name
brand, grid tie solar system for
well under
$2.10 a watt after applying the 30% federal tax
credit.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:ALWAYS
insist that your Louisiana solar leasing salesperson
disclose to you in writing, the amount of the
system price that the leasing company is using
to determine the amount of the 30% federal tax
credit.
If the leasing company cannot match or beat a
price of $2.10 a watt
or less for their system after applying the rax
creditthen you are probably paying to much
for their system.

Next
always
insist that your solar leasing salesperson
disclose to you in writing, the amount of the
30% federal tax credit and any applicable cash
rebate.

Next
if your lease contract or PPA contains a payment
escalation clause, always
insist that your solar leasing salesperson
disclose to you in writing, what the amount of
those annual payment increases will be over the
term of your lease or PPA.

Why do the leasing
companies charge you so much more for their
systems ? Because their Wall Street investors get a bigger
tax credit when they charge you more for your
leased system.

Consumer
Alert!
We are now hearing from customers who say that
they were told by a solar lease salesperson that
they would probably not qualify to take
advantage of the 30% federal tax credit.Here's the simple truth: If you
work, and you pay or owe federal income tax,
then you most likely qualify for the 30% federal
tax credit.

MYTH:
You'll get to claim a tax deduction if you lease
a solar system.

REALITY:
This myth is entirely false. Homeowners that
lease a solar system, not only forfeit the 30%
federal tax credit which is worth thousands of
dollars but they also cannot claim their solar
lease payments as a tax deduction.

When you finance the
purchase of a solar system using a $0 down FHA
solar loan or
PACE (Property
Assessed Clean Energy)
$0 down solar loan, in almost every case you can
deduct the interest and you'll get to keep the
30% federal tax credit. These benefits alone
gives solar system ownership a tremendous
financial advantage over a lease or PPA.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your
Louisiana solar leasing salesperson if he or she
can provide you with a document that states that
your lease payments or your lease payment
interest is tax deductible.

MYTH:
Zero Down Solar.

REALITY:
It's absolutely NOT zero down
solar and here's why.

As a down payment, you're giving away your 30%
federal tax credit. Just how much is that worth?
Well, simply take the average cost for a <10kW solar
system as reported by the CSI, ($5.57 a watt).

Next multiply an averaged sized 4.75 kW solar
system by this $5.57 per watt cost and you get
an average system price of $26,475. Next
multiply the $26,475 times the 30% federal tax
credit and you're looking at a federal tax
credit of $7,937 that you're giving up as
a down payment. With a 9kW
system, you're providing a down payment of
$15,039!

Look carefully at your lease or PPA contract
before you sign it. you won't find any mention
of how much tax credit, rebate or SREC money
you're handing over to the lease company. They
simply don't want you to know this information
because it doesn't make them look very good and
turns their claim of a zero down lease or PPA
into a myth.

Zero down solar ?........NOT!

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson to tell you
the exact amount of the 30% federal tax credit
and the exact amount of any cash rebate, state
tax credit, or SRECs that you'll be handing over
to the leasing company.

MYTH:
Leasing a solar system makes a great investment.

REALITY:
Well, it makes a terrific investments for the
solar leasing company.

Since you don't own the system, you're not
investing in anything. Instead, here's a list of
what you are doing:

1.
You're making the payments on the
leasing/PPA company's investment.

2. You're giving the leasing/PPA company what
would have been your 30%
federal tax credit as well as any other
financial incentives which greatly enhances
their investment.

3. You're giving the leasing/PPA company the
free use of your roof so they can have someplace
to mount their solar system.

4. You'll be paying the leasing/PPA company far
more than what you could have purchased a system
for, which gives them tens of thousands of
dollars more than they need to install, monitor
and "repair" their system
and still leaves them with plenty of money to replace their system's inverter after the
manufacturer's 10-12 year inverter warranty
expires.

In return for your generosity, the leasing/PPA
company will share a small sliver of their
return on investment with you, (a 10 to 15%
reduction in your electric bill) Gee thanks !

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your
Louisiana solar leasing salesperson if he or she
can produce a document that compares a lease or
PPA's return on investment to a owning a solar
system for less than $2.10 a watt after applying
the tax credit.

MYTH:
A solar lease or PPA is your only option if you
can't come up with the up front cash to purchase
your solar system.

REALITY:
Nothing could be further from the truth. Today
there are many $0 down options available in New
Jersey that
have nothing to do with that expensive lease.

For instance there's
the FHA
Title 1 Zero down solar loan
that is far easier to qualify for than a lease
or PPA. You only need a 650 credit score,
you
don't need to have any equity in your home and
best of all, you get to keep the 30% federal tax
worth thousands of dollars and you'll keep any
applicable cash rebates or other tax credits
instead of giving them all away to the
leasing/PPA company.

Another source for $0
down financing is the new PACE (Property
Assessed Clean Energy)
finance programs that are cropping up all over
the country that allows you to finance your
solar system and pay back the financing through
your property tax bill.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson if he or she
can offer you any other type of financing
program that allows you to own your system at
less than $2.10 a watt after incentives.

MYTH:
You'll have the option to upgrade your system at
a later date in Louisiana.

REALITY:
Well yes, a
much later date.
Imagine being forced to drive the
same car for
20 YEARS !

Well that's
how long you'll have to wait until you'll be
able to upgrade your solar system on a 20 year
solar lease or PPA.

With advancements
occurring weekly in the lab, 20 years is an eternity in
the solar industry. Imagine your neighbors
installing the latest sleekest, high efficiency
solar panels on their roofs 10 years from now
while you're stuck with the same, aluminum
framed, boxy looking solar
panels for another 10 years.

With prices for
complete, name brand, installed solar systems at
under $2.10 a watt (as low as 7 cents per kWh)
after the tax
credit, paybacks
for solar systems have fallen to as little as 4
to 5 years. So when you own your solar system
instead of leasing, you could easily sell your
older solar equipment and upgrade to the latest
technology if you wish.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson if he or she
can produce a document that guaranties that the
leasing company will upgrade their solar system
to a newer model at a reasonable cost.

MYTH:
The solar leasing company will replace your
"expensive" inverter when it fails at year 12 to
15.

REALITY:
It's not
"your"
inverter. It's their inverter, so why wouldn't
they want to replace their own property if it
failed ? The
question is, who's paying for the replacement.

Again, keep in mind that
you'll be paying up to 3 times what you would
have paid if your purchased your system instead,
so in reality, it is you that will be
paying for their system's inverter replacement.

The second part of this myth is the use of the
term "expensive". Modern, high
quality inverters like SolarEdge that come
standard with a 12 year warranty can be upgraded
to a full 25 year warranty for less than $500.

Even if you didn't
upgrade your inverter warranty to 25 years, today
this inverter would cost you less than $1,300.
Not the "thousands of dollars" that the solar
leasing companies claim. Also consider that over
the next
12 years, it is expected that the cost of
inverters will drop significantly.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your
Louisiana solar leasing salesperson to total up
your lease payments and include the 30% federal
tax credit and any other financial incentive
that the leasing company is taking, and compare
that to less than $2.10 a watt (as low as 7
cents per kWh) after incentives for a purchased
system and then ask him or her, who
is it that's really paying for the inverter
replacement.

MYTH:
We'll install "your"
solar system for free !

REALITY:
Again, it's not
"your" solar
system. In fact, after making 20 years worth of
lease or PPA payments it still won't be "your"
solar system.

After making all
those monthly payments or even after pre-paying
your lease, it won't be "your"
solar system until you've purchased it from the
leasing company at fair market value.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson if he or she
can produce a document states that you will own
the solar system after pre-paying your lease or
after paying 20 years work of lease payments.

MYTH:
A solar lease can be a safe and effective way to
invest in a solar system.

One of the largest
solar leasing company's in the country makes it
quite clear in
their contract that if you are more than 10 days
late
on your lease payment that they have the legal right to
remove the solar system,
charge you for the removal and then sue you for
the balance of the payments that you owe on your
lease as well as other fees and penalties.

When was the last time your utility company removed your electric
service and sued you for being just 10 days late
on your electric bill ?

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson to show you
in their contract, under the default heading,
what the consequences are for making a single
late payment.

MYTH:
With a solar lease, there are no concerns about
ongoing repair and maintenance cost.

REALITY:
What maintenance and what repairs ? This is one
of the solar leasing company's biggest myths in
their bag of propaganda tricks.

There is no maintenance
involved in the ownership of a modern, properly
installed grid tie solar system other than an
occasional rinsing off with a garden hose to
remove accumulated dust.

And system monitoring ?
when you purchase your solar system from us instead of
leasing, you'll have the ability to monitor your
solar system's performance over the Internet on
any smartphone, tablet or computer, right down
to the individual solar panel.

You may not have
that ability with a solar lease or PPA but your
solar lease or PPA company will. Talk about the
fox guarding the hen house.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson to show you
in writing what exactly is involved in their
maintenance agreement and how often they will be
out to your home to perform maintenance.

MYTH:
With a solar lease, your utility bill savings
will grow every year.

REALITY:
Again, check your contract. Many solar leasing
companies add what's known as a payment
"escalator" into their contracts that will
increase your monthly solar lease payment by up
to 3.9% per year, every year for 20 years.

So if your
Louisiana utility
company is ever mandated to lower their rates,
you could end up paying more for your
electricity than if you never got involved with
a solar lease or PPA to begin with.
Read More

REALITY:
If this were true then why are so many leasing
companies rushing to buy solar systems so that
they can turn around and rent them to you ?

The
truth is, solar system prices have dropped to
their lowest levels in history. A complete, name
brand, grid tie solar kit can be purchased for
only $1.48 a watt before incentives. Add in
another $1.00 to a $1.30 a watt for installation
or save thousands by installing yourself.

There's
never been a better
time to own a solar system for a much better
return on investment than a lease or a PPA.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson if he or she
can produce a document that shows you exactly
what the leasing company is charging you, when
calculating your lease payment. And again,
compare that to less than $2.10 a watt price
after incentives
for owning a system.

MYTH:
The leasing company will be there for you in
Louisiana when
the lights go out.

REALITY:And if all of the
above weren't enough. To add insult to
injury, with the weather worsening like it is
and power outages on the increase, with a
solar lease you probably won't have
any backup solar power.

So when the lights go
out in your neighborhood, even while the Sun is
shining
and even though you've made all those leasing
payments on all those solar panels on your roof,
most leased solar system are designed to turn
themselves off, leaving you without power for as
long as the power outage lasts.

In fact, in most cases you
won't even be allowed to add battery backup
power
to your leased solar system's inverter. You
would have to completely pay off 20 years worth
of lease payments, then buy your leased solar
system from the leasing company and then and
only then would you be allowed to add an
emergency power option to your leased solar
system.

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your solar leasing salesperson if he or she
can produce a document that guaranties that you
can add a backup power unit to their system that
allows their system to supply your home with
electricity during a power failure.

MYTH:
The leasing company will install "a solar
system" on your roof.

REALITY:What exactly is "a
solar system"? What brands and models are they going to
install on your home in exchange for your 20 years
worth of lease or PPA payments, or even worse,
pre-paid lease payment?

Remember, you're paying up to 3 time more in
lease payments than what you would have paid if
you had purchased the system instead, so it
would be nice to know if the leasing company is going to install a name brand, high
performance system using state of the art
components or a low
cost, system using lower performance components.

Visit the leasing company's website. Do they
mention the brands and specific models of the
products that they offer or do they simply use
terms like "best in class" or "top rated" or
"high quality"

Do they mention the PTC to STC ratio of
their solar panels. Or how about the solar panel
manufacturer's warranty? Is it a standard 10/25
year warranty or is it a much better linear warrant?
Is the solar panel manufacturer's warranty
re-insured by a third party for the full 25
years.

What is the inverter's CEC weighted efficiency
rating? Does the inverter include separate Power
Oprtimizers for each solar panel? How about
shade mitigation for each individual solar
panel? What about online individual solar panel
performance monitoring that allows you the
homeowner, to monitor performance from your smart phone or
home computer?

How about the all important mounting rails? Are
they low cost, lighter duty, C-channel rails
that require more holes to drilled in your roof
or are they of a heavier duty box design.

You may be thinking, why should I care? I'm just
renting the system, but remember, there will
come a day when your lease contract is up and
you'll have the opportunity to buy the system
from the leasing company. After making up to 240
lease payments or pre-paying your lease,
wouldn't it be nice to know if this is truly a
high quality system that
you'd want to purchase from the leasing company or
is it a system that will be
on it's last leg when your lease expires?

QUESTION TO ASK YOUR SOLAR LEASE SALESPERSON:
Ask your
Louisiana solar leasing salesperson to supply you
with all of the specifications mentioned above
as well as a written guaranty that these
products will not be substituted during the
installation.

NOW THAT YOU'RE AWARE OF THE PITFALLS OF SOLAR
LEASES AND PPAS, HOW ABOUT A $0 DOWN SOLAR LEASING COMPANY BALLOON
PAYMENT LOAN IN LOUISIANA?

THAT LEASING COMPANY'S NEWFANGLED $0 DOWN SOLAR LOAN
COMPARED TO OTHER $0 DOWN SOLAR LOANS

FAR SUPERIOR $0
DOWN LOUISIANA SOLAR LOANS

FEATURES

THEIR $0 DOWN LOAN OFFERING

OUR $0 DOWN LOAN OFFERING

No Money Out Of Pocket

Yes

Yes

Balloon Payment Due

Yes.Their
loan requires you to make a 30%
balloon payment that is due on June
1st the year after installation,regardless
of the amountclaimed
in the tax credit.

No.There
isno
balloon paymentrequired
with any of the loans that we offer.

Annual Payment Increases

Yes.Their
loan includes a 2.9% annual payment
increase that willraise
your monthly payment by 2.9% per
year,every
year for the entire term of your
loan.

No.Their
areno
annual payment increasesin
any of the loans that we offer.

No. The proceeds from their
loan can only be used to purchase
one of theirhigher
pricedsystems.

Yes. The proceeds from our loan
can
only be used to purchase any one of
ourmuch
lower pricedsystems.

Loan Contracts Can Be Signed For
A Shorter Term Loan For Lesser
Number Of Interest Payments

No. The contracted term of their
loan is30
years.

Yes. The loans that we offer can
be
signed forterms
that varyto
best suit your needs.

IS A SOLAR LEASE
OR PPA A RIPOFF IN LOUISIANA?

READ THE ABOVE AND
DECIDE FOR YOURSELF

It's not as
simple as sign here and they'll reduce your
electric bill. There's a lot to think about
like,"What will
happen if I ever try to sell my home ?" or "What
if I'm ever late on one of my solar lease
payments ?" or "What will my home look like 15
years from now with the same solar system
technology mounted on my roof with no way to
upgrade ?"

Here's a comment
that was recently posted on one of the
business rating sites concerning a solar leasing
company that serves the U.S.
(The name of the
leasing company was intentionally deleted)

"We
signed a solar lease with xxxxx xxxx. Wish we
had done more research (Even though we did do
some). Even though it's 0 down and low monthly
payments, we didn't realize that our payments
will be going up every year. At the end of our
lease our payments will be over $300, A MONTH.
We hardly ever paid over $300 a month with SCE.
Only once or twice a year in the summer. Also,
we have been contemplating the possibility of
Short selling our house, and are seeing that
these solar panels are going to be a HUGE
hinderance in doing this. Even if we wanted to
do a regular sale, with the housing market
prices the way they were, if we could get what
we owe on the house, we would have to add
another $50,000 to the sale price because of the
solar panels. Bottom line....if you can't afford
to pay for them or finance them, DON'T LEASE! We
are really sorry we did."

Carefully Read Your
Contract!

Before you sign
that airtight solar lease or PPA,
we suggest that you
have your attorney and your accountant read the
fine print. When compared to purchasing a solar
system, especially as low as prices are today, a
solar lease will probably turn out to be one of
the worst investments that you'll ever make when
compared to buying instead.

COMING VERY SOON TO LOUISIANA SOLAR

THE MOST POWERFUL, LOW COST SOLAR
SYSTEM ON THE PLANET !

DOUBLE SIDED POWER PRODUCTION !

TODAY, WHEN IT COMES TO YOUR HOME'S CURB
APPEAL AND VALUE, THIN IS IN.

The solar leasing companies are
still using much thicker, aluminum
framed solar panels with a mono
facial (single
sided)glass
on plastic design
that originated back in the 1950's.

Ourlower
cost,Hyper
X2 solar
systems include Gen
2 solar panelsthat
have a much thinner, less than a 1/4
inch thick, frameless, semi
transparent design that provides
bifacial power production from both
the front and back surfaces of the
solar panel which provides extra
power production with up to a 22%
efficiency rating.

The new solar panels that are used
in our Hyper X 2 solar systems have
been specially designed for
Arizona's heat and offer a better
PTC to STC ratio "Real World"
performance according to the
California Energy Commission's
performance rating listings thanover
119 of SunPower's solar panel
models.

While the solar leasing company's
more expensive, much thicker,Gen
1solar
panels might look good on your roof
today, what will your home look like
at year 10 of your locked in, 20
year lease, when many of your
neighbors are installing, much
sleeker,Gen
2 solar
panels?

You can own this advanced technology
for far less than what it will cost
you for a zero down solar leased
system. And if you need zero down
solar financing, we offermuch
better $0 down loans instead !

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